OTCQX:LVNVF - Post by User
Post by
Runner5on Jun 21, 2011 9:01am
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Post# 18742638
Grades
GradesThey didn't publish the grades at each cut-off level, so I did a few calculations:
Cut-off Indicated Inferred Total
$6 521.56Mt @0.88g/t AuEq 200.85Mt @1.00g/t AuEq 21.2Moz AuEq
$10 315.11Mt @1.07g/t AuEq 190.32Mt @1.03g/t AuEq 17.1Moz AuEq
$15 170.72Mt @1.45g/t AuEq 65.48Mt @1.80g/t AuEq 11.8Moz AuEq
$20 100.14Mt @1.75g/t AuEq 42.06Mt @2.23g/t AuEq 8.7Moz AuEq
At the low cot-off of $6, the grade is still fairly high (close to 1g/t). At the high cut-off of $20, it's still a sizeable deposit.
R.